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Greek court annuls govt decision to suspend Eldorado’s mining operations

Posted by ipso facto @ 11:29 on November 2, 2015  

ATHENS, Nov 2 (Reuters) – Greek top administrative court has annuled a government decision which suspended Canadian Eldorado Gold’s mining operations in northern Greece, court officials said on Monday.

Eldorado had appealed to Greece’s top court to overturn a ban on its plans to develop a gold mine in a forested area of northern Greece, in a case widely seen as a test of the leftist government’s approach to foreign investment.

“The court ruled that the reasons cited by the energy ministry to suspend Eldorado’s licence – of failing to carry out laboratory safety tests in Greece – was not sufficient to revoke its permit,” a court official said.

The decision is final and comes after a temporary ruling last month which allowed Eldorado Gold to resume mining.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.